Tuesday, May 20, 2008

Rising Food Prices and Global Food Needs:The U.S. Response
"Rising food prices are having impacts across the world, but especially among
poor people in low-income developing countries. Since 2000, a year of low food
prices, wheat prices in international markets have more than tripled, corn prices have doubled, and rice prices rose to unprecedented levels in March 2008. Such increases in food prices have raised concerns about the ability of poor people to meet their food and nutrition needs and in a number of countries have lead to civil unrest. More than 33 countries, most of which are in Sub-Saharan Africa are particularly affected by food prices increases. The World Bank has estimated that more than 100 million people are being pushed into poverty as a result of food-price escalation."

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